Good News for Your Real Estate Goals: The Scoop on How Mortgage Rates Might Continue to Decline If you haven’t heard yet, mortgage rates have started to drop! This is good news if you’ve been on the fence with your real estate goals! And, there are a few reasons why this is – a combination of in

Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year. That means buyers have fewer options than they usually

There’s a lot of confusion in the housing market these days – the market IS shifting! You’ve heard one thing on the news; another in your favorite podcast; you saw a social media post that you think maybe made a ton of sense; and your cousin said they are buying a home and the group skepticism at t

Some Highlights If you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.  Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and the

Some Highlights When deciding between buying a home or renting, think about these three important factors.Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.If you’re ready to enjoy the advantages of owning a home, let’s connect

Are you contemplating selling your house but apprehensive about locating your next home, given the current housing inventory? This is a common concern, but there is encouraging information that may alleviate your apprehension. The surge in new home construction is contributing considerably to the h

If you’re considering putting your house on the market, it’s important to note that the current number of houses for sale is surprisingly low. This shortage is due to a below-average number of homeowners listing their properties this season. Examining data from every April since 2017 reveals tha

There are several potential advantages to selling your home in the current real estate market in the Twin Cities. Some of these advantages include: High demand: There is currently a high demand for homes in the Twin Cities area, which means that there may be more buyers looking to purchase a hom

As the housing market evolves, you may be curious about where it’s headed. One factor that may concern you is home prices, which have slightly decreased since their peak in June of last year. You may have also heard rumors of an upcoming price crash in the news or on social media. As a result, you

Are you considering selling your house? Now could be the perfect time to do so, as the supply of homes for sale is currently very low. According to HousingWire, active listings recently hit a new low for 2023, indicating that the seasonal spring increase in inventory has yet to arrive. This is conf

Selling a home can be a stressful and overwhelming process, but with the right strategies in place, it can be a successful and smooth transition. One important factor that can significantly impact the success of a home sale is staging. Staging a home is the process of arranging furniture, decor, an

Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, b

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way:  “While the number of homes for sale is i

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fea

If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. They’re Experts on Market Trends With today

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too ma

Some Highlights As you get ready to sell your house, there are specific things you can add to your to-do list.These include decluttering, taking down personal photos and items, and power washing outdoor surfaces. Reach out to get a home valuation.Let’s connect so you have advice on what you

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And whi